How much do homeowners pay a month in Acme Township, MI?

Homeowners with a mortgage in Acme Township, MI pay a median of $1,630 (±$96) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $659 (±$61).

71.7% of owned homes carry a mortgage.

In Acme Township, the median monthly cost with a mortgage went from $1,428 in 2015–2019 to $1,630 in 2020–2024 (+14.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

With a mortgage
$1,630 (±$96)
Without a mortgage
$659 (±$61)
Owned with a mortgage
71.7%

Monthly owner costs in Acme Township

Median selected monthly owner costs, estimate (90% margin of error)
Acme TownshipGrand Traverse CountyMichiganUnited States
With a mortgage$1,630 (±$96)$1,566 (±$49)$1,569 (±$5)$1,963
Without a mortgage$659 (±$61)$579 (±$19)$602 (±$3)$638
Owned homes with a mortgage71.7% (±6.4 points)61.7% (±2.0 points)57.8% (±0.2 points)60.6%
Median real estate taxes (a year)$2,957 (±$329)$3,010 (±$112)$2,904 (±$9)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Acme Township, the median cost with a mortgage is not measurably different from Grand Traverse County ($1,566).

It is not measurably different from Michigan ($1,569).

It is lower than the national figure ($1,963).

In Grand Traverse County, Acme Township ranks 6 of 14 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 327 of 1,516.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Acme Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,428 (±$81)$1,630 (±$96)+14.1%No measurable change after inflation
Median real estate taxes$2,729 (±$379)$2,957 (±$329)+8.4%No measurable change after inflation
Median home value$258,800 (±$15,982)$338,300 (±$19,433)+30.7%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near Acme Township

Nearest places with a published estimate, compared with Acme Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Acme Township—$1,630 (±$96)—
Whitewater Township4.0 mi$1,642 (±$211)Not measurably different
East Bay Township7.1 mi$1,317 (±$120)Lower
Traverse City7.4 mi$1,817 (±$95)Higher
Peninsula Township7.4 mi$2,177 (±$289)Higher
Elk Rapids Township7.8 mi$1,603 (±$185)Not measurably different
Elk Rapids7.9 mi$1,517 (±$144)Not measurably different
Rapid City9.0 mi$1,223 (±$253)Lower
Clearwater Township9.5 mi$1,289 (±$139)Lower

Nearby places with a measurably lower figure: East Bay Township, MI ($1,317), Rapid City, MI ($1,223), Clearwater Township, MI ($1,289).

Nearby places with a measurably higher figure: Traverse City, MI ($1,817), Peninsula Township, MI ($2,177).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Grand Traverse County, place by place

RankPlaceMedian monthly cost with a mortgage
1Peninsula Township$2,177 (±$289)
2Traverse City$1,817 (±$95)
3Long Lake Township$1,790 (±$93)
4Union Township (Grand Traverse County)$1,714 (±$213)
5Whitewater Township$1,642 (±$211)
6Acme Township$1,630 (±$96)
7Garfield Charter Township$1,619 (±$148)
8Grant Township (Grand Traverse County)$1,573 (±$106)
9Blair Township$1,410 (±$128)
10Paradise Township$1,348 (±$94)
11Mayfield Township (Grand Traverse County)$1,344 (±$78)
12Fife Lake Township$1,333 (±$82)

Showing 12 of 14 places in Grand Traverse County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Acme Township

What is the average mortgage payment in Acme Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Acme Township, MI is $1,630 (±$96) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Acme Township?

Owners without a mortgage in Acme Township pay a median of $659 (±$61) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Acme Township gone up?

In Acme Township, the median monthly cost with a mortgage went from $1,428 in 2015–2019 to $1,630 in 2020–2024 (+14.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Acme township, Grand Traverse County, Michigan (county subdivision:00200, in state:26 county:055).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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